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FLNC fundamentals are weak due to lowered guidance and expected EBITDA decline; slow growth makes it unattractive to own.
Fluence down 20. I don't know why it has to be an equity raise. Fluence, no, they cut their outlook from 3 billion to 2.4. And now they're expecting a 200 million adjusted EBIDA decline versus a 10 million decline year-over-year.
When the fundamentals are this [ __ ] that's when you get scared of owning onto a stock. When growth goes down in a market where if you're a growth stock, you cannot have growth, especially with higher interest rates, you can't have growth slow down.